The minister replied that the Temasek Holdings “has never managed CPF funds” and that it “started off with a set of assets which were transferred by the Government at time of inception (1974)” with “about $400 million dollars worth of assets in the form of a set of companies”. But he also revealed that, “before we amended the constitution in 1992, is that CPF monies, which were invested in Special Singapore Government Securities (SSGS), could be used by the Government to finance infrastructure – such as road infrastructure, Singapore’s economic infrastructure and social infrastructure. Just like (other) Singapore Government Securities (SGS), the Government was allowed to use borrowings in addition to the revenues it got in its budget, to finance infrastructural investments.”
- Dear TRS, I saw a Pinoy maid making an elderly push her in a wheelchair!
- Singapore, here’s what the iPhone 6 and iPhone 6 Plus is going to cost you
- Dear TRS, Beware of this Conman from Decor Creative Construction Pte. Ltd.
- NBC News: NUS hired an Associate Professor with a fake PhD who later moved to US
- I saw a Filipino lady excited to get a $2480 job in Singapore
- Dear TRS, please warn your readers of OCBC scamming money!
- MDA bans award winning local film to try and cover up history of political oppression
- S'porean kills himself after gambling to try and win money to pay for daughter's uni fees
- Foreign Student from International School says Singaporeans are 'Low Class Dogs'
- Survey: 90% of young Singaporeans are worried about their future finances
The Malaysian Deputy Transport Minister Abdul Aziz Kaprawi, has said that they are closing in on the amount to charge foreign cars entering Malaysia from Singapore, indicating that the Fee will likely be no less than RM50. He explained that this fee was reasonable given that Singpore's Dollar is much stronger than the Ringgit.
At the end of the open bidding exercise for Certificates of Entitlements (COE) today, prices across all categories have gone up again. For category A cars (1600cc and below as well as an engine power no more than 130bhp), the COE increased $900 to $62,890. The increase was much less for larger Category B cars which saw only a $112 increase to end up at $65,001.
I want to share with you that I am really happy that the MINDEF finally changes the IPPT stations. I am a very fit guy, I love running but I always fail my standing broad jump. I always feel that standing broad jump does not equate to my body fitness at all and it is a stupid station because even fit people will fail standing broad jump. If you have longer legs you jump further, thats all! Seriously, I have never understood how standing broad jump is a test of fitness. So you can jump like a frog, well hooray for you I guess, but I know so many other guys who are as strong as a bull but can't jump far enough to pass the station. I also never got the point of shuttle run, you run to and fro like a headless chicken for... what again? There is the 2.4km run to test both your stamina and speed anyways
Miss Tan Sumiao, 23, is currently in a coma after going through 7 surgeries in just 14 days. What started as a mild fever that didn't go away for 2 weeks, ended up putting Ms Tan in a coma in the intensive care unit at NUH and left her parents in an uncomfortably familiar situation. Just three years ago, Miss Tan's younger twin sister passed away suddenly after what was supposed to be a routine health check-up for a condition on her spine.
Scientist Jayaprabhu, who claimed to have located the debris of the missing MH370 airliner, claimed that the tragedy of MH17 Boeing was to initiate a World War III by certain people. On Saturday, Jayaprabhu said his theory concludes that this was either a threat operation or an operation carried out to suppress the global economy. "We need to look out that corresponding to that, some sort of agency or some sort of people actually wanted to give a threat operation to this extent or they just wanted to suppress the whole economy or to initiate World War III, according to my theory this is the final conclusion," said the scientist.
PM Lee posted to Facebook today calling on Singaporeans to continue thinking about and praying for the victims in the Gaza conflict. He highlighted that there is no easy fix to the conflict which has been going on for almost 100 years, but Singaporeans could help by praying and donating to humanitarian efforts. Here is his facebook status in full: "In the last week, the armed conflict in Gaza has hotted up.
Dear The Real Singapore, Chan Chun Sing was earmarked to be Chief of Army (COA) years before he ascended to it. He is so intelligent it's rumoured his CEP was COA when he was a CPT. Neo Kian Hong was meant to be succeeded by either of two then-BG, Wong Ann Chai or BG Bernard Richard Tan Kok Kiang, both president's scholars, and Chan after that. There is a significant age gap between MG Chan who is much younger than Neo.
A young Chinese woman has overcome the tricky problem of providing care for her elderly grandmother - by taking her to work with her every day. Huang Lihua, 24, from south-western China’s Chongqing municipality said that when she was a young child both of her parents needed to go to work. As a result they had sent her to stay with her grandmother Wan Zongsiu, 88, in the countryside.